Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Michael Cooney

๐Ÿ‘ค Speaker
395 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And I have one in the USA as well.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So combined, we were less than 2 million.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

We're probably about 1.5 million.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

The agency in the USA, I just still manage about a handful of clients and I sort of dog food our WhatConverts product with them.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And then South African agency is still running.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

They're about a team of 20.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So I think I covered everything.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

Anyway, so that's the reason we decided to bootstrap, because we were still getting some funding from the agency, and we could build it out at the same time.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

We also wanted the optionality.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

We didn't want investors getting involved and controlling how we develop things.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So we just want to stay focused on sorting the problem we had.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And then the other thing is we want to grow value before we got funding.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So the reason for this is people say to you, do you want a tiny piece of a huge pie, or do you want the whole pie?

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

Well, we're like, well, we want the whole pie.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And when it comes to the stage, we want a huge piece of the huge pie.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

Yeah.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

Okay.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So when do you decide how you can skip funding?

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So bootstrap versus funding.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And I'll put it into three distinct buckets.